Pre Market Game Plan by AJ – 11/27/17
1) $MARA HUGE Gap play today hit $16.99 this morning WOW (5.95)
Stock Gaped up +$11 I like to see this come all the way down to $6.50 spot and a tad under then go scale in a few long, However if this busts out and hits $10 at open look for a quick possible pop to $14 before snappy back. This is crazy up here so please use 1/4 size if your late to the party NO full size on this one. Stock has room so let it show you it wants it.
2) $DPW Bitcoin Related cheaper stock think more eyes on this one today then MARA (.81) Took some at $2.12 sold some at $2.76
Stock Gaping up +$3 I would love a sell off to the $2 area load up some long and look for a .50-1 pop at open possibly thru $3, if this pops and runs sell into it. If this pulls at open let it flush HARD to $2 and below watch for bottom curl then go long, This is a cheap stock more eyes on it and has room to $5+
3) ******$SPRO Stifel upgrades to BUY with $26PT (13.86) “BlindTrade” imo “SWING IDEA”
Stock gaping up +.60 I am sitting on the bid at $14.45 NO FILLS I want this one a few days ago this was over $16+ a share, wouldn’t be surprised if this now opens at $15+ then look for quick pop then pullback on it I would prefer to get this down to $14.50 and under then go LONG and add on dips. A lot of room on this would love to see $17+ by Weds/Thursday on this call.
4) $CIEN BofA Tags a BUY rating with $28PT (20.98) BlindFold Trade SWING IDEA
Stock gaping up +$1 I like this call and with market up think we get a decent run on it, so at this point wait for the pop at open thru $22 if it comes then look for a pullback, I would like to get $21.35 area or under then scale in a few long, looking for this to touch $23-$24 by Weds Thursday at the lates on this trade. I like it.
5) $ROKU Needham Tags a BUY rating with $50PT (39.47)
Stock gaping up +$2.10 I like to see quick pop at open for another .50-1.00 on short squeeze then look to gap fill this on a pullback to $40.50 and under watch for bottom curl then look to go long on it, I love the call but have to wait for the pullback before going up. Now that Needham wants $50 expect a few more Analyst to come out with the same PT’s if not more.
6) $SQ BTIG Tags a Sell Rating with $30 PT (48.86)
Stock gaping down -$2 I would prefer this to pop at open back thru $48+ before scaling in SHORT, if this pulls at open more towards $45 and under go LONG on it and play a nice 1-2pt bounce on short covering, I dont like the call and think the timing is off to me this is like “Chase CEO saying he hates Bitcoin at $2,000 now look”
7) $RYB possibly recovery today on the gap (16.45)
Stock gaping up +$1.50 I like to see a pop at open towards $19 at the open on a squeeze followed by a nice pullback on it towards $17 and under then look to go long on bottom curl, if this pulls at open to $16 area scale in long on it should be fun today and give you 2-3pts to the upside
8) $MTBC signed 950 New Clients to there Platform This is HUGE for this company (2.61) Rafael alert at $3 a share (2.61)
Stock gaping up +.80 I would like to see quick pop at open possibly thru $4 spot or more then wait for the gap fill sell off pullback to $2.80 and under watch for bottom curl and break out, if this comes I will walk it to $5 or more, We need solid volume, news is great for this company.
9) $MGTI Bitcoin Play OTC (2.23) Former Runner
Stock gaping up +.24 if you can grab size long in Pre-Market at $2.50- and under should give you a nice pop out of the gat towards $3 or more. Enjoy the push should be fast and fun.
10) $WDC Morgan Stanley cuts the PT to $90 from $117(92.78)
Stock gaping down -$4 would pick up some here below $89 a share and look for a quick 1-2 pt pop at open before shorting it, if this pulls at open to $86-$87 go long and play a nice pop on it before shorting it
$SSC I like the gap up play on this #Bitcoin related trade (2.35) Gaping up +$3 I like to see a sell off at open to $4 and under then scale in long and play a quick .50-$1 on the pop should be fun on this. In an out quick paycheck then wait for curl on it
$MU being gaped down on WDC downgrade would look for any pull at open to $47 area and look to go long on it and play a nice 1-2pt bounce on it. Should be fun for quick money.